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There would be significant legal and regulatory issues if a board, especially a small board decided to accept a below value bid from large investors to take it private.

Correct to highlight gas infrastructure Manyana!

Sounds very positive. Cash till March/April.

All will be revealed soon enough! GLA

James, the short answer is I don't. I take it month by month. I don't think it's realistic to predict where this will be in 18 months time.

No one happier than me it hasn't Spunken! Ill be happier still if they drill 2020. Your previous posts won't make great reading if they don't though!

James, based on your first post and £64m cap, you are approx £54m overstated! (2.25 by $8 = $18m / 1.9 = £9.5).

FF, SF and Green party/Labour is workable. It will be a very very long drawn out process in any event with lots of posturing to appease various party blocks. The left alliance is a non starter.

I have doubts that Joe Jethro are commercial and judging by Gils subdued interview yesterday he seems to have accepted that it will be 2021 for drill. Investors will sell off if it's 2021.

20's are coming fast I regret to say!

Fianna Fáil Sinn Féin coalition is what I expect to be the next government.

"No matter if the drilling starts this year or 2021 there seems to be a nice possibillity to gain 100% before the drillresults is presented."

I'm seeing this sentiment being pushed a lot by James et al the last few days.

MyJamesYouRamp

"Even a Q4 drill is not much more than 6 months away and 6 months from drilling last February we were 65p."

Assuming it happens 7 Oct, it's 8 months rather than 6 months, 10 if its December. But as you say, itll be a great opportunity to buy if no drills are announced! ; )

Id suggest you need to take a break James.

Dont let James hear you talking about placings Spunken!

James. Maybe at this stage you just wait until the announcement and just refrain from judging everyone that disagrees with you.

It will be interesting how you and Spunken will respond if there is no drill. I see you are already walking back some of your more stronger statements in recent days.

You never know Maverick. As usual, retail are left in the dark. I'd take a dilution if only open to larger investors only to get things moving.

Tullow are in a weak position and so it all depends on Total.

Interesting but why would they fundraise now with the share price so low?

I suggest it's just run of the mill presentation to highlight the potential of ECO to analysts since the vast majority don't cover AIM.

Factor in all the exploration costs that are tax deductible also.

Are we looking at another dilution? Will it be exclusive to the major shareholders again?

They've appointed Natixis to look after both their interests in Kenya so I assume all is well in the camp. Surely the logical step for Tullow is to cede operation of Guyana to Total. They have more than enough to be getting on with.